Blanket mortgage can i and who will help? - Posted by Thomas Baron

Posted by Ed Garcia on March 12, 2002 at 09:11:51:

Thomas,

You’ve told us what you are paying for your purchase, but you didn’t tell us what you think the market value is. So we don’t know how you purchasing in relation to the market. Hopefully you’re buying below market. If so, then yes it’s very possible to do a blanket lien or to cross collateralize.

You best candidate would be a small local bank.

Ed Garcia

Blanket mortgage can i and who will help? - Posted by Thomas Baron

Posted by Thomas Baron on March 11, 2002 at 18:53:23:

I’m still trying

I"m trying to buy 4-4 family units $97,500 each. Already have 2-2family owe$123,000 worth $165,000. Can i use these for money down?Can i use a blanket mortgage? All property on differant deeds.